By teaming with The Principal, we can help our members and their employees, meet their business and personal financial objectives with a much broader selection of financial solutions
St. Louis, Mo. (PRWEB) November 19, 2013
The Principal Financial Group® today announced that AAIM has joined forces with The Principal® to expand its financial services offerings to its business and individual members in Missouri and Illinois.
Through this partnership, AAIM will provide its member companies with a new choice for a full range of financial products and services, including those addressing 401(k), executive benefits, estate planning, business continuation, risk solutions and securities.
“By teaming with The Principal, we can help our members and their employees, meet their business and personal financial objectives with a much broader selection of financial solutions,” said Phil Brandt, CEO of AAIM. “Our customers will also have the benefits of the expertise and customer service provided by the Principal Financial Group.”
AAIM’s core competency of offering shared resources across its vast membership continues a tradition that goes back 115 years to the beginning of AAIM. Member companies of AAIM will now have access to a favorable “cost structure” on Principal’s entire suite of Retirement Plan solutions.
“We’re excited about the opportunity to work with a strong business association like AAIM,” said Shannon Lewandoski, Managing Director for The Principal Business Center in St. Louis. “The combination of the business and financial services expertise of The Principal, combined with the strength, education and leadership of AAIM will provide the best of both worlds to help local businesses grow and succeed.”
About AAIM Employers’ Association
Founded in 1898, AAIM Employers’ Association is an association approaching 1,600 member employers throughout Missouri and Illinois. AAIM assists its large membership with significant challenges in human resource management by providing cutting-edge resources which help its members manage their people and processes. AAIM partners with company leadership and management in human resources by providing: topical research and information, technical guidance, training and HR consulting and pre-employment services. For more information, visit http://www.aaimea.org or call 314-968-3600.
About The Principal Financial Group
The Principal Financial Group® (The Principal ®) is a global investment management leader offering retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500®, the Principal Financial Group has $403.0 billion in assets under management and serves some 18.3 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit http://www.principal.com.